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ACCTING 7025OL - Accounting Essentials for Decision Makers (M)

Online - Trimester 2 - 2021

This course introduces students to both financial accounting and management accounting. It provides an overview of accounting concepts and principles, the major external financial accounting reports and accounting systems and the accounting cycle. Management accounting tools of costing and budgeting are introduced, as well as performance analysis and capital investment decisions. Students are also provided with the tools for analysing and interpreting the financial statements of an organisation and managing the working capital and long term financing of the business.

  • General Course Information
    Course Details
    Course Code ACCTING 7025OL
    Course Accounting Essentials for Decision Makers (M)
    Coordinating Unit Accounting
    Term Trimester 2
    Level Postgraduate Coursework
    Location/s Online
    Units 3
    Available for Study Abroad and Exchange Y
    Course Staff

    Course Coordinator: Dr Mahmud Al Masum

    Course Timetable

    The full timetable of all activities for this course can be accessed from .

    This course begins on 24th May, 2016 and runs for 12 weeks.
  • Learning Outcomes
    Course Learning Outcomes

    On successful completion of this course, students will be able to:

    1. explain accounting concepts and the structure and purpose of financial statements.

    2. analyse and apply accounting information to facilitate decision making.

    3. explain and apply the concept of relevant costing to a range of decision making situations.

    4. explain and apply flexible budgeting as a means of exercising control and assist in decision making in a business.

    5. create and evaluate investment proposals within a business environment.

    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Deep discipline knowledge
    • informed and infused by cutting edge research, scaffolded throughout their program of studies
    • acquired from personal interaction with research active educators, from year 1
    • accredited or validated against national or international standards (for relevant programs)
    1 & 2
    Critical thinking and problem solving
    • steeped in research methods and rigor
    • based on empirical evidence and the scientific approach to knowledge development
    • demonstrated through appropriate and relevant assessment
    3 & 5
    Teamwork and communication skills
    • developed from, with, and via the SGDE
    • honed through assessment and practice throughout the program of studies
    • encouraged and valued in all aspects of learning
    4 & 5
    Career and leadership readiness
    • technology savvy
    • professional and, where relevant, fully accredited
    • forward thinking and well informed
    • tested and validated by work based experiences
    3 & 5
    Intercultural and ethical competency
    • adept at operating in other cultures
    • comfortable with different nationalities and social contexts
    • able to determine and contribute to desirable social outcomes
    • demonstrated by study abroad or with an understanding of indigenous knowledges
    2 & 5
    Self-awareness and emotional intelligence
    • a capacity for self-reflection and a willingness to engage in self-appraisal
    • open to objective and constructive feedback from supervisors and peers
    • able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
    4 & 5
  • Learning Resources
    Required Resources
    Accounting: An Introduction, 8th Edition, By Peter Atrill, Eddie McLaney, David Harvey, Ling Mei Cong, Pearson Australia.

    The publisher offers both eBook and print (paper) versions of the textbook.

    The textbook can be accessed through https://www.pearson.com.au/9781488625695
    Online Learning
    The course is taught entirely online.

    The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. The objective of this course is to provide an introductory knowledge of financial accounting and managerial accounting.

  • Learning & Teaching Activities
    Learning & Teaching Modes
    The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. All teaching and learning
    activities and assessments of this course will be conducted at the University’s online platform.
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    It is expected that students will spend several hours each week familiarising themselves with the course material in order to complete tests and assignments, as well as make informed responses to discussion questions
    Learning Activities Summary
    The following topics will be discussed in the course.
    • Introduction to accounting
    • Measuring and reporting financial position
    • Measuring and reporting financial performance
    • Measuring and reporting cash flows
    • Analysis and interpretation of financial statements
    • Cost-Volume-Profit Analysis (CVP) and relevant costing
    • Full product costing
    • Budgeting
    • Corporate Social Responsibility and Sustainability Accounting
    • Capital investment decisions
    The following materials will be available for each topic at the MyUni course homepage:Lecture video modules
    • Power-point notes of the lecture video modules
    • Accounting fairy (animated cartoon) videos
    • Weekly exercises
    • Solutions to the weekly exercises will be posted at the end of the week
    An online (Zoom) Open Discussion Forum will run from 7 pm to 8 pm Thursdays every week. There is no compulsory requirement to attend this session. Attendance and participation in these weekly sessions will not be assessed. This online session will not be recorded as it will involve discussion and participation of attending students and Lecturer. The session will address queries of students about the weekly learning materials and exercises.
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary
    All assessments of this course are conducted at MyUni online platform. This course will have the following assessments:
    Assessment Task Task Type Time * Weighting Learning Outcome
    Test 1 Individual Week 4 * 15% 1, 2, 3
    Case Study 1 Group Week 6 * 10% 3, 4, 5
    Case Study 2 Group Week 8 * 15% 3, 4, 5
    Test 2 Individual Week 9 * 20% 1, 2, 3
    Test 3 Individual Week 12 * 20% 1, 2, 3
    Case Study 3 Individual Week 13 * 20% 3, 4, 5
    100%

    * Time will be informed at MyUni Course Homepage
    Assessment Detail
    The ACCTING 7025OL (Accounting Essentials for Decision Makers M) is offered in an online platform. This course will have the following assessments:     
    I.   Three tests 
    II.  Three case studies

    The three tests will be spread over the semester. These will involve both conceptual and analytical questions. Some questions will require calculations to identify the correct answer. Each test will cover a specific set of chapters and relevant materials. The test will be available at MyUni course homepage. Once logged at the test module of the MyUni, a student will get a specified time to complete the test. A test cannot be paused or retaken. The specific date, time and scope of the tests will be notified at MyUni at the first week of the semester.

    Three case study assignments will be provided to the students. Each case study will require students analyse a case or financial statement to answer a set of questions. Case study 1 and 2 are required to be complete in a group of 4 students. The groups will be formed by the MyUni system and there will be a discussion forum for each group. The case study 3 will be done individually. The three case studies will be spread over the semester. Each case study will cover a specific set of chapters and relevant materials.  The time and scope of the case studies will be notified at MyUni at the first week of the semester.
     
    None of the assessment in this course is redeemable.
    Submission
    All work is to be submitted online.

    Please retain a copy of all assignments submitted for assessment.

    Students must not submit work for an assignment that has previously been submitted for this course or any other course without prior approval of the lecturer-in-charge.

    Late assignment submission

    Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons.

    All requests for extensions must be emailed to the lecturer-in-charge of the course a minimum of 5 days before the due date. Each request will be assessed on its merits. A late assignment (without prior arrangement) will be penalised by 20% of the total assignment mark for each day that it is late.

    Return of assignments

    Markers aim to mark and return assignments to students within two (2) weeks of the due date with written feedback.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through .

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.

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